US Oil Independance Achievable
Dateline: Oct. 25, 2001
By: AKAC
As posted on this thread before, Canada has 300,000,000,000 bbls. (300 billion) of oil in its tar sands that are located in the northern central provinces of the country. It has been presented that from a realistic and practical standpoint that 60 billion are certainly recoverable. Unfortunately it is expensive to recover. If I remember, I believe that $45/bbl. was the cost. This resource is not pie in the sky. The tar sands have been producing for many years and it is/was a huge operation. 60 billion bbls. would provide perhaps 15? yrs. of North American consumption. Of course, supplement that with other sources of oil in North America and friendly parts of the world other than Saudi and you have (to a large degree) freedom from mid-east oil. The issue, of course, becomes " Does the US et al have the balls to eat higher energy costs in the interest of National Security, or does the $ rule absolute even in regards to national security?
It would seem to me that, at least, an orchestrated program of standby oil production/supply should be created and YES this would mean a lot of money committed to the plan. An approach of this nature would, presumably, preclude being held hostage by the ME.
Production from the standby facilities may take one year to bring on line in emergency conditions. If so, then the immediate goal might be to have one years immediate supply stockpiled. Thats a lot of oil. It would fill a few mined out open pits in North America. Obviously, my plan has many pitfalls but y'all get the drift....a plan is needed. I would also propose that something of this nature would perhaps stabilize world oil costs as the threat of immediate oversupply as controlled by the US would allow the US to set the global price. Imagine...US controlling world oil. Now thats an incentive.
AKAC
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